Multiple Choice
What is the margin of safety (in sales) when a business has sales of $485,000, sales of $225,000 at break-even point, and unit selling price of $55?
A) $710,000
B) $280,000
C) $260,000
D) $510,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q84: If fixed costs are $850,000 and the
Q93: A mixed cost has characteristics of both
Q94: If the volume of sales is $4,000,000
Q96: Monthly rent on a factory building is
Q97: Which of the following conditions would cause
Q99: Kennedy Co.sells two products, Arks and
Q100: If sales total $2,000,000, fixed costs total
Q101: If the volume of sales is $6,000,000
Q102: Break-even analysis is a type of cost-volume-profit
Q103: Rouney Co.has budgeted that factory supervisors' salary